Waaree Energies Q2 PAT surges 133%, revenue jumps ~70%
Waaree Energies posted stellar Q2 performance, with consolidated net profit rising ~132.97% year-on-year to ₹842.55 crore from ₹361.65 crore previously. Revenue climbed ~69.7% to ₹6,065.64 crore. EBITDA margins expanded by over 800 basis points to ~25.17%, aided by favorable product mix and cost control. The board approved an interim dividend of ₹2 per equity share. Management reaffirmed expansion plans in both India and the U.S., citing a robust order book and healthy demand outlook.
positive
2 days ago
Waaree Energies Q2 PAT surges 133%, revenue jumps ~70%
Waaree Energies posted stellar Q2 performance, with consolidated net profit rising ~132.97% year-on-year to ₹842.55 crore from ₹361.65 crore previously. Revenue climbed ~69.7% to ₹6,065.64 crore. EBITDA margins expanded by over 800 basis points to ~25.17%, aided by favorable product mix and cost control. The board approved an interim dividend of ₹2 per equity share. Management reaffirmed expansion plans in both India and the U.S., citing a robust order book and healthy demand outlook.
positive
Waaree Energies Q2 PAT surges 133%, revenue jumps ~70%
3 days ago
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Waaree’s Q2 earnings explode: profit up 133%, revenue up 70%, margins gain strong improvement.
Waaree Energies posted stellar Q2 performance, with consolidated net profit rising ~132.97% year-on-year to ₹842.55 crore from ₹361.65 crore previously. Revenue climbed ~69.7% to ₹6,065.64 crore. EBITDA margins expanded by over 800 basis points to ~25.17%, aided by favorable product mix and cost control. The board approved an interim dividend of ₹2 per equity share. Management reaffirmed expansion plans in both India and the U.S., citing a robust order book and healthy demand outlook.
Waaree Energies posted stellar Q2 performance, with consolidated net profit rising ~132.97% year-on-year to ₹842.55 crore from ₹361.65 crore previously. Revenue climbed ~69.7% to ₹6,065.64 crore. EBITDA margins expanded by over 800 basis points to ~25.17%, aided by favorable product mix and cost control. The board approved an interim dividend of ₹2 per equity share. Management reaffirmed expansion plans in both India and the U.S., citing a robust order book and healthy demand outlook.